Humanity Required
First Bangalore ... then Ahmadabad ... the biggest question is why?
Even though this may point to the sad state of affairs, but its no surprise that there are many possible answers - A retaliation to the trust vote a few days ago by the opposition or its allies (as if it didn't bring enough shame to our country already - this week's BusinessWeek US edition has details of the parliament showdown!), a plot by the ruling party or its allies as a run-up to the coming general election, a terrorist outfit trying train new recruits on how to scare people out of their daily life, a psycho on the loose (although I think that anybody who has done this is a psycho) ...
If we look closely at the choice of cities, then we realize that the bomb blasts have happened in high-growth cities and not in high GDP cities in absolute terms like Mumbai and Delhi. The people responsible for the blasts seem to have more knowledge of economics than we would like to believe. According to a study published in Jan 2008 by an economics research firm Indicus Analytics, Bangalore's GDP growth rate over the past seven years has been 10.3% per year (2nd highest in India) and Ahmedabad's has been 10.1% per year (3rd highest in India). This shows that the focus of such terror may be spreading from bigger cities to smaller metros with high growth potential. Clearly, this is an attempt to stall the growth that is being achieved in these cities and in effect the entire country.
The other cities in the high growth list apart from the four big metros are - Hyderabad (7.8%) and Pune (7.4%). I am happy that nothing has happened in these cities and hope that no more blasts take place in any city in India.
I wish that every Indian gains more knowledge of humanity than economics in the years to come.
Edited to Add: According to newspaper reports, cars full of explosives were found in Surat, which is the city with the highest growth rate in India (11.5%) according to research mentioned above. I am glad that no more explosions have taken place and hope that the calm continues ...
Even though this may point to the sad state of affairs, but its no surprise that there are many possible answers - A retaliation to the trust vote a few days ago by the opposition or its allies (as if it didn't bring enough shame to our country already - this week's BusinessWeek US edition has details of the parliament showdown!), a plot by the ruling party or its allies as a run-up to the coming general election, a terrorist outfit trying train new recruits on how to scare people out of their daily life, a psycho on the loose (although I think that anybody who has done this is a psycho) ...
If we look closely at the choice of cities, then we realize that the bomb blasts have happened in high-growth cities and not in high GDP cities in absolute terms like Mumbai and Delhi. The people responsible for the blasts seem to have more knowledge of economics than we would like to believe. According to a study published in Jan 2008 by an economics research firm Indicus Analytics, Bangalore's GDP growth rate over the past seven years has been 10.3% per year (2nd highest in India) and Ahmedabad's has been 10.1% per year (3rd highest in India). This shows that the focus of such terror may be spreading from bigger cities to smaller metros with high growth potential. Clearly, this is an attempt to stall the growth that is being achieved in these cities and in effect the entire country.
The other cities in the high growth list apart from the four big metros are - Hyderabad (7.8%) and Pune (7.4%). I am happy that nothing has happened in these cities and hope that no more blasts take place in any city in India.
I wish that every Indian gains more knowledge of humanity than economics in the years to come.
Edited to Add: According to newspaper reports, cars full of explosives were found in Surat, which is the city with the highest growth rate in India (11.5%) according to research mentioned above. I am glad that no more explosions have taken place and hope that the calm continues ...